Ferro, Activist Investors Reach Deal In Proxy Fight

Law360, New York (May 9, 2013, 1:29 PM EDT) -- Ferro Corp. and a group of activist fund investors have settled a contentious proxy fight by agreeing to nominate two of the three board candidates sought by the fund group, the Ohio-based chemical company said Wednesday.

The deal will allow the funds, collectively known as the FrontFour-Quinpario Group, will get two of their desired nominees onto the Ferro board: David Lorber and Quinpario Partner Chairman and CEO Jeffry Quinn. The third nominee will be an existing Ferro board member, Ronald Vargo, while two other current members...
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